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CMS advises Satgana on the establishment of its first Luxembourg fund

20/10/2022

Global law firm CMS Luxembourg has advised Satgana on the establishment of its first Luxembourg fund, Satgana Fund I SCSp, and related vehicles, which will target long-term value creation and strong financial performance by investing in for-profit entrepreneurs that invent sustainable and scalable solutions to address the environmental pillar of the United Nations’ sustainable development goals.

Satgana is a Climate Tech Venture Capital firm on a mission to invest in the next generation of planet-positive startups, has launched its first fund targeting highly scalable companies that can significantly help solve climate change and sustainability, especially within renewable energy, circular economy, resource efficiency, food and agriculture, and industrial decarbonization.

CMS acted as lead counsel in relation to the fund structuring and establishment, advising on legal and regulatory aspects, including the preparation of the documentation of fund terms with an Investment Funds team made up of Partner Aurélien Hollard and Senior Associate Harrison Dans.

This transaction confirms CMS Luxembourg position as first choice advisor for impact investment managers seeking to establish investment funds in Luxembourg. Described by clients as a “go-to legal partner” with “innovative and open-minded approach to fund structuring” and praised for their “in-depth knowledge of the legal and regulatory environment and a very good understanding of the client’s needs and constraints”, CMS Investment Funds lawyers are increasingly being recognized as powerhouses in the Luxembourg legal landscape by the main legal rankings such as IFLR1000 and Legal500 (Tier 2).

 

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Portrait ofAurélien Hollard
Aurélien Hollard
Partner | Avocat à la Cour
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Portrait ofHarrison Dans
Harrison Dans
Counsel | Avocat à la Cour
Luxembourg